usdjpy h4 abcd best level to short it swing trade

🔸Hello traders, let's review the 4 hour chart for USDJPY today. Speculative ABCD setup
in progress and risk/reward will shift in bears favor at point D near 139.75

🔸ABCD price structure is defined by point A at 128.50, point B at 136.55, point C at 130.35
and finally point D, which is 127 ext at 139.75. Point D is PRZ/reversal bears.

🔸Recommended strategy for USDJPY position traders / bears. Look for reversal trade setup
near point D at 139.75, expecting major reversal is USDJPY at this price. conservative TP
bears is 130.00, keep in mind this is a swing trade setup. SL 75 pips TP1 135.00 TP2 130.00.

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Comment:

gbpusd h1 best level to buy/hold tp 2750